Alternative finance market size in Spain 2014-2020
Alternative finance includes the funding of individuals, businesses and other entities outside of the traditional capital markets and banking systems. These include but are not limited to peer-to-peer lending, balance sheet lending, invoice trading, debt based securities and mini bonds as well as investment and non-investment based crowdfunding. The total value of alternative financing in Spain during 2020 was 673 million U.S. dollars. In 2018, the United Kingdom (UK) accounted for more than half of all alternative finance in Europe.